| In any major city you will come across a buy here pay | | | | qualify for a loan which may not be the case in a |
| here car dealership. These dealerships allow | | | | traditional dealership. |
| customers with bad credit the ability to buy a car at | | | | Some of the reasons that you wouldn't want to use a |
| their location and pay the weekly/monthly payments | | | | service like this are: |
| directly to them. There is no credit check and | | | | · You will definitely pay more for a car this way. |
| consumers with no credit or fair credit are the ones | | | | · They do not report to credit bureaus so even if you |
| that would use this type of service. | | | | make all of your payments on time you won't be |
| There are some good reasons to use this type of | | | | building up your credit. |
| service as well as some bad reasons. The good ones | | | | · These dealerships want lots of information on you |
| are: | | | | since they are not checking your credit. They want |
| · You can obtain a car when you are really in need | | | | your closest relatives, your closest friends, two to |
| often with little or no money down and bad credit. | | | | three numbers to reach you at, proof of employment, |
| · There will not be a credit inquiry done so if you are | | | | etc. |
| working on repairing your credit this won't affect it. | | | | If you are in a jam and need a car and don't have a lot |
| · There isn't any interest normally but you will pay | | | | of money then this service could be useful but if you |
| more for the car than if you were buying it at a regular | | | | are able to wait and save up a little for a down |
| dealership. This can be both good and bad. | | | | payment, using a traditional dealership will save you |
| · If you are a student with a part time job you can still | | | | money and build your credit in the process. |